Macgrow Ltd
12334983
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/11/2019
DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 10 other boards
Persons with Significant Control
Mr Paul Warren Macatonia
British · England · Age 42
19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD
Notified 26/11/2019
Charges3 outstanding
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CompanyRankvs 206262+ SIC 68209 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£169k
Balance sheet strength
Cash
£21k
Cash in the bank
Net Current Assets
-£969k
Working capital
Current Assets
£216k
Current Liabilities
£1.2M
Debtors
£133k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.18 | -£48k |
| 2023 | 0.06 | -£17k |
| 2022 | 0.09 | -£32k |
| 2021 | 0.04 | -£30k |
| 2020 | 0.42 | — |
Derived from filed accounts. Not audited figures.